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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%Nov 26 3:59 PM EST

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To: Jill who wrote (66484)2/11/2000 2:19:00 PM
From: HairBall  Read Replies (9) of 152472
 
QCOM <------ Getting ready to make a move. Notice it trailing down the falling resistance line. (Dark Green) The support/resistance price action area closes below (gray horizontal line) and the falling resistance line are approaching an intersection.

I believe QCOM will move before the intersection of the two...I suspect it to be influenced by the overall market...time to place your bets!

My QChart QCOM 15-Minute Semi-Log Scale
marketdirectionanalysis.homestead.com

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My QChart Trend Lines

Green lines are resistance trend lines or resistance horizontal price action areas.

Red lines are supportive trend lines or supportive horizontal price action areas.

Gray lines are either resistance trend lines, resistance price action areas, supportive trend lines or supportive price action areas that have been broken. They can now act as either support or resistance depending on price action.

Dark blue lines are formation lines.

Light blue lines are previous formations.
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Regards,
LG
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